SARASOTA, FLORIDA, May 23rd, 2017 – Bradenton homes for sale around the Interstate 75 interchange at State Road 64 may pick up some steam from the interchange’s long-anticipated safety improvements which were finally given the green light recently.
Costing $39.1 million, the work on the interchange calls for its reconfiguration so that it will handle the traffic far better than its current design, the Florida Department of Transportation (FDOT) said. The FDOT expects to start the first phase of the project this coming June shortly after Memorial Day.
The entire project has a two-year timeframe with its initial phase focused on the interchange’s on- and off-ramps and making their design safer by reducing conflict points of passing vehicles. Overall, the reconstruction of the interchange will convert it into a modified diamond design from its present cloverleaf design.
The new design sets a longer I-75 exit ramp northward from which traffic turns west or east at a signaled intersection onto SR 64. It also calls for widening bridges across SR 64, replacement and widening of entrance and exit ramps, and widening SR 64 from 64th Street Court East to Grand Harbour Parkway. The expected completion of the project’s stage 1 is summer 2018, stage 2 by fall 2018, and the final stage by spring 2019.
Construction and other project activities will be scheduled at night to lessen their impact on traffic. The bulk of work on daytime will be done outside traffic lanes to help ensure the seamless transition of the interchange into its new design.
Residents of River Isles, Mill Creek and other communities near the project were generally impressed by the improvements planned for the interchange, which the FDOT presented in a workshop in April. They expect that the new setup would handle traffic a lot better and would be safer and easier to use as well.
This infrastructure improvement augurs well too for the residential communities around the SR 64 corridor, some of which were already experiencing lively market activity in recent months. For instance, sales are upbeat at River Isles located a short distance west of the interchange. Some 15 pre-owned homes were sold here since the start of the year at prices in the $100s–$200s range.
This May, one residence in this community was put on the market with a tag price in the upper $100s. A three-bedroom home, it has a floor area of 1,435 square feet and shares in the many perks of living at River Isles.
The River Isles community was developed along with an executive golf course which aptly complements the neighborhood’s refreshing location near the Braden River. The amenities provided to residents include a clubhouse with meeting and game rooms, library, exercise facilities, and a temperature-controlled pool.
East of the I-75–SR 64 Interchange, the market mood is as vibrant at the new community of Osprey Landing. The new builds of this community are priced around the $300s range, featuring three to four bedrooms within floor areas of between 1,800 and 3,100 square feet. Comprised of just 38 home sites, this community has no CDD fees and also has much to gain from the improvements at its nearby interchange.
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